Mozambique: First ruby auction in the country raises more than US$214,000 in Nacala

The company Zambrock & Mining Exploration won the first ruby auction held in Mozambique, as part of the eighth edition of the Nampula Annual Gem Fair (FAGENA), with a bid announced at US$214,498, equivalent to 13,702,809.32 meticais at the exchange rate on the day. The company competed for the minerals put up for sale, comprising…

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